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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Apartment buildings
16026 K St Mojave, CA 93501-2001
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-0130012
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1989
Construction
WOOD
Total area
5,824 SF
Lot
0.27 ac (11,761 SF)
Zoning code
C-2 PD H F
APN
236-172-12-00-8
UPID
US09-0130012
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$690k
CAP Approach
CAP
$1.03M
Comparable Approach
Comparable
$930k
Blend (final)
Blend
$765k
Owner & transaction history
Yu Tu Tsu · 4 yrs held
Yu Tu Tsu
since 2022
Last sale
$765,000
7 recorded transactions
Zoning & alternative use
C-2 PD H F · Mojave, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+41.4%
Office building
$1.1M
+30.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mojave submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mojave submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$675,000
ML approach
$690,000
CAP Approach
CAP Return
Estimation
6%
$1,120,000
6.5%
$1,030,000
7%
$960,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$870,000
Current use
MEDICAL BUILDING
$1,230,000
Change: +41% · Conversion: Moderate
OFFICE BUILDING
$1,130,000
Change: +30% · Conversion: Moderate
AUTO REPAIR, GARAGE
$810,000
Change: -7% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$740,000
Change: -15% · Conversion: Difficult
RETAIL STORES
$735,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$765k
Range $689k – $842k · ±10% · vs last sale $765k (Mar 15 2022)
Last sale anchor
$765k
Mar 15 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$131 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,522
Tax year 2023
Assessed value
$780,300
Assessed 2023
Previous assessed
$780,300
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$35,700
Assessed improvement
$744,600
Applied tax rate
94.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
GAS
Cooling
OTHER
Stories
2
Units
8
Total area
5,824 SF
Lot
0.27 ac (11,761 SF)
Zoning code
C-2 PD H F
APN
236-172-12-00-8
UPID
US09-0130012
Jurisdiction
KERN
Zoning & alternative use
C-2 PD H F · Mojave, CA
Zoning C-2 PD H F · permitted uses
C-2 PD H F · Mojave, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mojave. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$870,000
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$810,000
INDUSTRIAL (GENERAL)
Est. value
$740,000
RETAIL STORES
Est. value
$735,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
WOOD
Heating
GAS
Cooling
Yes
Stories
2
Units
8
Lot
0.27 ac
Current owner
From public records · entity-resolved
Yu Tu Tsu
Individual
Mailing address
1812 S 6TH ST, ALHAMBRA, CA 91803-3405
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 15, 2022
$765,000
Yu Tu Tsu
Jesus Ortiz
Grant Deed
$300,000 · Us Bank NA
Mar 15, 2022
—
Yu Tu Tsu
Wei Chun Huang
Quit Claim Deed
related
—
May 31, 2018
—
Jesus Jose Ortiz
—
Deed
related
$235,000 · East West Bank
Jan 27, 2006
$500,000
Jesus Ortiz
Patel,hitesh R
Grant Deed
$317,000 · East West Bank
Aug 22, 2002
—
David A Cates
Cates,linda A
Quit Claim Deed
related
—
Aug 22, 2002
$11,000
Hitesh R Patel
Cates,david
Grant Deed
—
Jun 13, 1995
—
David Cates
Goldhill Entertainment INC
Grant Deed
related
—
Jan 11, 1995
—
Goldhill Entertainment INC
Rodarte,mark & Maria
Grant Deed
related
—
Aug 14, 1992
$83,500
Mark Rodarte
Cates Family INC
Grant Deed
related
—
Feb 1, 1990
—
Cates Family INC
—
Grant Deed
related
$160,000 · Hancock Savings Bank
—
—
Hitesh R Patel
—
Deed Of Trust
related
$180,000 · Crt
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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